China Overseas Land & Investment Limited (OTCMKTS:CAOVY – Get Free Report) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 8,700 shares, a decline of 42.0% from the December 15th total of 15,000 shares. Based on an average daily trading volume, of 7,500 shares, the days-to-cover ratio is currently 1.2 days.
China Overseas Land & Investment Trading Up 1.6 %
Shares of OTCMKTS:CAOVY traded up $0.12 during midday trading on Tuesday, hitting $7.56. 6,014 shares of the stock were exchanged, compared to its average volume of 4,602. China Overseas Land & Investment has a twelve month low of $6.55 and a twelve month high of $11.87. The company has a 50 day moving average price of $8.45 and a 200-day moving average price of $8.55.
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